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Codeta raises €2.3m in new funding
16

May

Codeta raises €2.3m in new funding

The founder of consumer-facing live-casino specialist operator says the securing of second round funding totalling €2.3m is evidence of the attractiveness to investors of a brand that has been “daring enough” to take a unique position in the online casino market.
Regtech and problem gambling: putting tech to work responsibly
15

May

Regtech and problem gambling: putting tech to work responsibly

Recent pronouncements from the UK Gambling Commission on issues around problem gambling and how the watchdog expects operators to act in accordance with its licensing objectives have made it abundantly clear that operators are expected to apply just as much capability and creativity to the area of responsible gambling as with the revenue-generating side of their businesses.
The UK’s FCA warns of wild west of sandboxes
10

May

The UK’s FCA warns of wild west of sandboxes

The director of strategy and competition at the UK’s Financial Conduct Authority (FCA) and the man in charge of the watchdog’s innovation initiatives has warned against “wild west” versions of the regulatory sandbox emerging without applying the standards applicable in the UK.
CATEGORY: RegTech
Getting personal with regtech and digital identity
09

May

Getting personal with regtech and digital identity

Where regtech comes into its own is in the deployment of technologies that handle and process the huge amount of data consumers generate in their day-to-day behaviour, actions and transactions online and the translation of that into enabling procedures for companies dealing with regulatory and rules-based systems.
KPMG Report Reveals Continued FinTech Investment, Interest in AI
05

May

KPMG Report Reveals Continued FinTech Investment, Interest in AI

A recent report by KPMG reviewed the global trends and investment in FinTech for the first quarter of 2017. In this, KPMG revealed that fintech investment worldwide held remained steady, with a fintech deal value in Q1 of 2017 reaching $3.2 billion, of which VC investment contributed $2.3 billion. Payments and lending remained the largest area of investment for the most part, but AI, IoT, big data, RegTech and InsurTech were reported as experience rapid growth.

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